Nov 10, 2012 7:00am EST
online. today the u.s. economy accounts for 23% of the world's economy and india is 7. in 2030, according to the oecd predictions, china will be 29% of the world economy, the u.s. will be 18 and india will be 11. and those are, i think, really worthwhile numbers to keep in our mind as we talk about u.s. competitiveness in the world economy, because we're entering this entirely new era where the u.s. is going to be a big player in the world economy but no longer the preeminent, the very largest one, and i think that brings real challenges and requires a whole new way of thinking. so my opening remarks, steve was introduced, i think quite rightly, as a guy who i hope is getting cases of champagne and bouquets of flowers from the white house. because on certain readings you could say, you know, he's the guy who got the president reelected. that means, i believe, he has great insight into what obama's second term economic policy will be -- [laughter] and the big question on the agenda which i think certainly already tremendous bearing on u.s., on the u.s. domestic economy and, therefore, u.s.
Nov 3, 2012 7:00am EDT
years india will be producing five times as many college graduates as the united states. these are the fact that drive the decisions we must make as we position penn state to succeed in the future. part of that strategic planning will require getting out and staying out in front of the information technology revolution which has been among the most significant drivers of educational change in the last 15 to 20 years. it has also been like a runaway train. one response to the higher education funding crisis has been increased appeals especially from legislators and business leaders for higher education to drastically increase online education. the hope is that more students will receive college degrees after at less cost and research shows that done appropriately application of technologies can both improve learning outcomes and decrease costs of delivering that education but so far savings have proven imus sieve. nonetheless, massive open online courses are testing the market. dozens of universities including mit, harvard, princeton and stanford offer these classes from